capital campaign update - Giving to MSU - Michigan State University
capital campaign update - Giving to MSU - Michigan State University
capital campaign update - Giving to MSU - Michigan State University
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CAPITAL CAMPAIGN UPDATE: JUNE 2006<br />
<strong>Michigan</strong> <strong>State</strong> <strong>University</strong> announces several recent gifts <strong>to</strong> The Campaign for <strong>MSU</strong>.<br />
The goal of the <strong>campaign</strong> is <strong>to</strong> raise $1.2 billion by 2007 <strong>to</strong> grow <strong>MSU</strong>’s endowment<br />
and sustain our excellence. These funds will ensure our long-term strength and raise<br />
support for students, faculty and staff, new research and teaching, new facilities and<br />
infrastructure, and the enhancement of campus beauty and functionality.<br />
Since the start of the <strong>campaign</strong> in 1999, $1.132 billion has been raised, which includes<br />
$329.5 million raised <strong>to</strong>ward our endowment goal of $450 million during 2007.<br />
Growing our endowment allows <strong>MSU</strong> <strong>to</strong> attract and retain the best faculty, and offer<br />
scholarships and fellowships <strong>to</strong> attract the brightest students, while providing<br />
accessibility for deserving students.<br />
Listed below are highlights of a variety of recent <strong>campaign</strong> fundraising activities:<br />
Steven H. Noll has made a charitable bequest valued at $4.18 million, $2.7 million of which will be<br />
dedicated <strong>to</strong> the creation of an endowed discretionary fund in the College of Engineering <strong>to</strong> be known as<br />
the Steven H. Noll Dean’s Fund for Quality, Excellence & Opportunity in Engineering. In addition, Noll<br />
has committed <strong>to</strong> giving his $1.1 million collection of prints <strong>to</strong> the Kresge Art Museum and <strong>to</strong> designating<br />
$300,000 endow a fund for the Spartan Marching Band.<br />
Robert and Meri Goodman have established the Robert and Meri Goodman Scholarship/Fellowship in<br />
Economics through a generous charitable bequest in their estate plans. The fund will provide financial<br />
assistance <strong>to</strong> students pursuing a degree in economics.<br />
Robert and Georgia Burgess have made cash and planned gifts <strong>to</strong>taling $2.25 million <strong>to</strong> <strong>MSU</strong>. Their gifts<br />
will provide critical funding for venture development and entrepreneurship education and opportunities in<br />
The Eli Broad College of Business as well as a student enrichment program in interior design within the<br />
College of Agriculture and Natural Resources.<br />
Alvin and Irene Arens have committed <strong>to</strong> funding 13 annual $10,000 scholarships through annual gifts of<br />
cash starting in 2006 in support of students in the colleges of Education, Business and Nursing. They have<br />
also documented a planned gift in support of their scholarship program.<br />
<strong>MSU</strong> School of Music Professor of Composition Jere T. Hutcheson and his wife, Mary, recently<br />
documented a generous future gift of $1.5 million. Created by a charitable bequest through their estate<br />
plans, the fund will be known as the Jere Hutcheson Endowed Chair in Music Composition and is the first<br />
commitment designated for a named endowed chair in the School of Music.<br />
The Forest Akers Trust formalized an agreement in February of 2006 <strong>to</strong> give $1 million <strong>to</strong> <strong>MSU</strong> <strong>to</strong><br />
establish the Forest Akers Study Abroad Endowed Scholarship Fund. The fund provides a tremendous<br />
opportunity for students who otherwise would have <strong>to</strong> forgo Study Abroad due <strong>to</strong> financial constraints.
Donald and Nancy Hodgkiss recently established an endowed chair in civil engineering via a charitable<br />
bequest of remaining retirement plan assets. It will be called The Donald and Nancy A. Hodgkiss Endowed<br />
Chair in Civil Engineering, and they hope the focus will specifically be on road and airport design and<br />
construction.<br />
Ron and Sharon Rogowski have established a new endowed scholarship <strong>to</strong> support students interested in<br />
becoming chemistry teachers. The scholarship is named in memory of Doug Kostal, a former student and<br />
friend of Ron’s who taught high school chemistry and whose passion for his work inspired the Rogowskis.<br />
<strong>MSU</strong> is one of four Big Ten universities <strong>to</strong> receive a grant from 3M <strong>to</strong> fund the 3M Engineering Student<br />
Retention Initiative. The grant, which can be renewed for four years for up <strong>to</strong> $650,000 <strong>to</strong>tal, addresses the<br />
looming shortage of engineers and technical workers and has allowed the college <strong>to</strong> hire a Recruitment and<br />
Retention Coordina<strong>to</strong>r.<br />
<strong>MSU</strong> Provost Kim Wilcox and his wife, Diane Del Buono, recently established a collections endowment<br />
for the Library Agricultural Collections. Diane and Kim share a deep concern for sustainable farming<br />
systems throughout the world and look forward <strong>to</strong> seeing the resources purchased with proceeds from their<br />
endowment used by scholars.<br />
Bonnie Larson established an endowment honoring her parents, Don and Cecile Borgeson. Established<br />
through Bonnie and her husband Bob’s estate plans, the Borgesons chose <strong>to</strong> create the Cecile A. and<br />
Donald R. Borgeson Education Enhancement Fund in The Eli Broad College of Business.<br />
Rick and Sue Liblong have made $380,000 in current and future commitments <strong>to</strong> <strong>MSU</strong> <strong>to</strong> established The<br />
Richard and Susan Liblong Endowed Scholarship in Communication Arts and Sciences. The scholarship<br />
will be funded through a $350,000 charitable bequest within their estate plans as well as a $30,000 current<br />
gift that will establish the Liblong Scholarship immediately.<br />
Mexican Consul An<strong>to</strong>nio Meza Estrada presented a $25,000 grant from the Mexican government in support<br />
of <strong>MSU</strong>'s High School Equivalency Program, or HEP, a 13-week session in which students attend class,<br />
live on campus and leave <strong>MSU</strong> with the equivalent of a high school diploma. Most students involved in<br />
HEP are from migrant worker families, and many attend <strong>MSU</strong> after completion.<br />
For more information about The Campaign for <strong>MSU</strong> or any of the gifts listed above, contact <strong>University</strong><br />
Development at (517) 884-1000.<br />
Upcoming Events<br />
8 th Annual Southeast <strong>Michigan</strong> Appreciation Reception – June 20, 2006<br />
Northern <strong>Michigan</strong> Event – August 18, 2006<br />
President’s Campaign Cabinet Meeting – Oc<strong>to</strong>ber 13, 2006<br />
President’s Brunch – Oc<strong>to</strong>ber 14, 2007